posted
Feb 17, 2010 by News Gatherer
As my colleagues Bloomberg reported Monday, Oneil think that the Chinese yuan would rise to 5%. Somethings beer. 12 storage. It could happen at any time .. While China is showing more signs of overheating, Goldman's chief economist Jim Oneil said Beijing is willing to allow an appreciation of its currency, the yuan, to slow the economy. It is my firm conviction that they are close to moving the exchange rate, Oneill, said in a telephone interview from London, after the central bank said that lenders for February Film
His plan for the printing of huge amounts of dollars to the U.S. dollar could lead to hyperinflation in USA.You can not assume that people who have the dollar will continue to maintain control of their value.They destroyed could begin in exchange for goods durables and other currencies, leading to the completion of Dollar.China just sold 33 million euros of Treasury bonds and who knows if China begins to sell more T-Bill and stop buying U.S. debt . Could lead to higher interest rates and, in turn, would affect all ARM.
httpv://www.youtube.com/watch?v=mMkmeV5SoUs&feature=youtube_gdata
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